Rising asset-quality risk on credit cards, dependence on fintechs for sourcing may be on RBI’s radar
New Delhi, March 8 - The Reserve Bank of India (RBI) may have some discomfort on Personal Loan on Credit Card (PLCC) as it could lead to higher customer leverage and drive some customers into the debt trap, Emkay Global Financial Services said.
‘Make in India’ helped us become 2nd largest audio brand globally: boAt’s Aman Gupta
New Delhi, March 8 - Aman Gupta, co-founder of homegrown wearable and audio brand boAT, on Friday said that with the help of initiatives like 'Make in India', they have become the the second largest audio brand globally, as Prime Minister Narendra Modi
Japan’s household spending down 6.3 pc in January
Tokyo, March 8 - Japan's household spending in January fell 6.3 per cent from a year earlier, down for the 11th consecutive month while expanding from the 2.5-per cent drop in December, government data showed on Friday.
Indian women capable of learning AI skills and play a far better role: Arundhati Bhattacharya
New Delhi, March 8 - As skilling becomes top priority for the government in creating a talent pool for new and emerging technologies like AI in India, women in the country need to be at the forefront of learning generative AI and play
PM Modi announces cut in LPG cylinder prices by Rs 100 on women’s day
New Delhi, March 8 - Prime Minister Narendra Modi on Friday announced the reduction in the prices of LPG cylinders by Rs 100 on the occasion of International Women’s Day.
Tata Power consumers in Mumbai set to shell out more for electricity from April
Mumbai, March 7 - Tata Power's Mumbai customers will have to pay higher electricity bills from April 1 as power regulator Maharashtra Electricity Regulatory Commission (MERC) has approved an average tariff increase of around 24 per cent as against 12 per cent claimed
Israel fines US energy giant for discharging wastewater into Mediterranean
Jerusalem, March 8 - Israel imposed a fine of 2.9 million shekels (around $809,000) on the US energy giant Chevron Corporation for sea emission violation, the Israeli Ministry of Environmental Protection has said in a statement.
LTIMindtree appoints Vipul Chandra as Chief Financial Officer
New Delhi, March 7 - Global technology consulting and digital solutions company LTIMindtree on Thursday announced that its Board of Directors has appointed Vipul Chandra as the Chief Financial Officer (CFO) of the company with effect from April 25.
Tata Motors commercial vehicles to get dearer from April 1
Mumbai, March 7 - Tata Motors announced on Thursday that it will increase the price of its commercial vehicles by up to 2 per cent across various models with effect from April 1.
Tata Group stocks gain on Tata Sons’ IPO buzz
New Delhi, March 7 - Several Tata Group stocks were in focus on Thursday due to the buzz around Tata Sons' IPO as several of them held a stake in it, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
GAIL, ONGC & Shell sign pact for ethane import in Gujarat’s Hazira
New Delhi, March 7 - GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite memorandum of understanding (MoU) to explore opportunities for import of ethane and other hydrocarbons and development of
India’s horticulture production pegged at 355.25 million tonnes for 2023-24
New Delhi, March 7 - The horticulture production in the country in 2023-24 is estimated to be about 355.25 million tonnes with an increase in the area of 1.15 per cent, or 3.27 lakh hectares compared to 2022-23, according to the First Advance
RBI, Bank Indonesia sign pact for bilateral transactions in local currencies
Mumbai, March 7 - The Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a memorandum of understanding (MoU) on Thursday for establishing a framework to promote the use of local currencies -- the Indian Rupee (INR) and the Indonesian Rupiah
India has 8,000 startups led by women with $23 bn in funding: Report
New Delhi, March 7 - India is now home to more than 8,000 startups that have women founders with a cumulative funding of nearly $23 billion till now, a report showed on Thursday.
Govt to invest Rs 17 lakh crore in power sector in next 5 years: Power Minister
New Delhi, March 7 -The government has invested about Rs 20 lakh crores in the power sector during the last 9 years and another Rs 17 lakh crores will be invested in the next 5 to 7 years, Union Minister for Power and
DST, T-Hub launch centre to boost AI innovation, nurture startups in India
New Delhi, March 7 - Innovation hub and ecosystem enabler T-Hub on Thursday collaborated with the Centre's Department of Science and Technology (DST) to inaugurate one-of-its-kind machine learning and artificial intelligence technology hub (MATH).
Flipkart plans to enter quick-commerce business
New Delhi, March 7 - E-commerce major Flipkart is planning to enter the quick-commerce business, aiming to deliver orders to customers instantly after purchase, the media reported on Thursday.
US firm Micron, IIT Roorkee to develop highly skilled workforce in India
Roorkee, March 7 - Indian Institute of Technology (IIT) Roorkee on Thursday inked a Memorandum of Understanding (MoU) with semiconductor leader Micron to help foster innovation and develop a highly skilled local workforce.
Japan’s real wages fall in January for 22nd month
Tokyo, March 7 - Japanese workers' real wages in January shrank for the 22nd straight month, as salary gains continued to fall short of outpacing inflation, government data showed on Thursday.
CNG price reduced by Rs 2.50 per kg in Delhi-NCR
New Delhi, March 7 - CNG supplier Indraprastha Gas Limited (IGL) announced a reduction in the selling price of the gas in Delhi and the National Capital Region (NCR) on Wednesday. The retail consumer price of the gas has been reduced by Rs